Register your company in Ras Al Khaimah within 1-2 days (upon validation of your identification documents). Benefit from client confidentiality and robust data protection measures. Access the world’s largest bank network and enjoy dedicated managerial support year-round.
Are you considering establishing an offshore company? Opting for Ras Al Khaimah for your company formation provides a host of advantages for international individuals and businesses seeking to expand globally. The United Arab Emirates has become increasingly attractive to investors and entrepreneurs due to its tax incentives and straightforward registration procedures. Ras Al Khaimah Company Formation is a favored choice among foreign entrepreneurs for its array of benefits and offshore structuring solutions.
Fee for a Business Bank Account Opening:
(RAK Bank, Barclays PLC):
Price: US$ 750 (one-off fee)
Fee for a Direct merchant account acquisition:
(Barclays PLC):
Price: US$ 650 (one-off fee)
| General Information | |
|---|---|
| Type of Business Entity | IBC |
| Corporate Income Tax | Nil |
| British Based Legal System | No |
| Double Tax Treaty Access | No |
| Incorporation Time Frame (Approx., days) | 2 days |
| Corporate Requirements | |
|---|---|
| Minimum Number of Shareholders | 1 |
| Minimum Number of Directors | 1 |
| Corporate Directors Permitted | Yes |
| Standard Authorized Capital/Shares | 50,000 AED |
| Local Requirements | |
|---|---|
| Registered Office/ Registered Agent | Yes |
| Company Secretary | Yes |
| Local Meetings | Anywhere |
| Local Directors / Shareholders | No |
| Publicly Accessible Records | No |
| Annual Requirements | |
|---|---|
| Annual Return | No |
| Audited Accounts | No |
| Incorporation Fees | |
|---|---|
| Our Service Fee | US$ 2,300 |
| Annual Renewal Fees | |
|---|---|
| Our Service Fee | US$ 2000 |
| Services | Status |
|---|---|
| Certificate of Incorporation | ✓ |
| Memorandum & Articles of Association | ✓ |
| Share Certificates | ✓ |
| Register of Directors | ✓ |
| Shares Register | ✓ |
| Appointment of Director and Secretary | ✓ |
| Documents will be sent by courier at no extra cost | ✓ |
| Company Name Check and Reservation | ✓ |
| Documentation Preparation and Legal Liaison | ✓ |
| Administration and Registered Agent – 1 year | ✓ |
| Local Business Registered Address– 1 year | ✓ |
| Certificate of Incorporation | Status |
|---|---|
| Submission of application to the Government | ✓ |
| Payment for Government Fee required | ✓ |
| Services | Status |
|---|---|
| Certificate of Incorporation | ✓ |
| Memorandum & Articles of Association | ✓ |
| Share Certificates | ✓ |
| Register of Directors | ✓ |
| Shares Register | ✓ |
| Appointment of Director and Secretary | ✓ |
| Documents will be sent by courier at no extra cost | ✓ |
| Company Name Check and Reservation | ✓ |
| Documentation Preparation and Legal Liaison | ✓ |
| Administration and Registered Agent – 1 year | ✓ |
| Certificate of Incorporation | Status |
|---|---|
| Submission of application to the Government | ✓ |
| Payment for Government Fee required | ✓ |
Setting up an offshore company in Ras Al Khaimah provides extensive benefits for foreign individuals and businesses aiming to expand globally. The UAE’s appealing tax advantages and straightforward company registration process make it a favored destination for investors and entrepreneurs. Ras Al Khaimah Company Formation offers numerous advantages, making it an ideal solution for foreign entrepreneurs seeking effective offshore structures.
Enjoy the convenience of conducting multiple foreign transactions without encountering currency exchange rate restrictions, facilitating expanded offshore business opportunities.
RAK offers a favorable tax environment, facilitating a smoother start for entrepreneurs. Establishing an offshore company in Ras Al Khaimah means operating without corporate or personal income tax, capital gains tax, or withholding tax liabilities.
Forming a company in Ras Al Khaimah allows you to leverage its strategic connections with Europe, Asia, and Africa. Situated at the crossroads of these markets, the UAE provides an ideal platform to expand your business activities.
These factors make Ras Al Khaimah a compelling choice for those looking to establish a robust and tax-efficient corporate presence in a strategic location.
Al Ras Al Khaimah, situated in the United Arab Emirates (UAE), is a vibrant and dynamic city known for its strategic location and economic significance. As part of the UAE, it benefits from modern infrastructure, a favorable business environment, and strategic connections to global markets through its ports and proximity to major trading routes. The city offers opportunities for business growth and investment, supported by pro-business policies, efficient communication networks, and a robust legal framework under UAE law. Al Ras Al Khaimah is recognized for its cultural richness, historical landmarks, and as a hub for international trade, making it an attractive destination for both business and leisure.
In some countries, an international business license is required to operate. Additionally, if you wish to be a major shareholder in a company headquartered in a country that mandates such a license, you will need approval before acquiring a stake. While requirements vary by country, there are several basic steps to obtaining an international business license. Business Ventures Management Limited is your one-stop hub, having structured over 18,000 Global Businesses worldwide to date.
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